Are there any fees to open or maintain the plan?
At Global Advisers, there are no setup or maintenance fees. [...]
What happens if I hire an employee?
To make salary deferral contributions for the current tax year, [...]
Are there any fees to open or maintain the plan?
A Solo 401(k) is only for businesses with no full-time [...]
When do I need to open a Solo 401(k) plan?
Yes. If your spouse earns income from the business, they [...]
Can my spouse participate in the plan?
Not initially. If your Solo 401(k) plan assets exceed $250,000 [...]
Is there a Roth option available with a Solo 401(k)?
In many cases, yes. Some custodians allow Roth contributions within [...]
What are the tax benefits of a Solo 401(k)?
Contributions are typically tax-deductible, which reduces your taxable income. Investment [...]
Can I contribute as both an employee and an employer?
Yes. With a Solo 401(k), you can make contributions in [...]
Who is eligible to open a Solo 401(k)?
A Solo 401(k) is available to self-employed individuals or business [...]